Is Data Sharing Still a Viable Option?

by Marilyn Wilson on September 14, 2016

The world we operate in is getting smaller and more connected every day. Now that the real estate market is solid again, brokerages are reaching out and expanding into new markets. Consumers are getting more sophisticated and expect their agents to be able to provide them access to all listings in their region. Homebuyers don’t care that there may be more than one MLS in the region where they live. They just want ALL of the listings available in their area from their agent.

WAV Group thought it would be interesting to take a look at the state of data sharing today. Due to increased focus on consolidation opportunities, data sharing has not gotten as much press recently as it has in the past, but there are many regions where it is alive and well and solving important business challenges. Many of our MLS/Association clients are considering data sharing initiatives so we thought it might be helpful to interview those that are already involved in data shares to help future data sharing programs.

I was recently talking with Saul Klein about the need for greater education on the subject of Data Sharing. With all the talk about consolidation and merger in the real estate Association and MLS space, there remains a basic lack of understanding about Data Sharing — that is, until your well-written article. Perfect timing, Marilyn.

Marilyn,
As always, you provide insight and knowledge based on real factors. In addition, you offer potential conclusions/solutions to spark this discussion! Can’t wait to share with our leadership! Well done and thank you!